Little Rock, Arkansas, has consistently seen outbound tender rejections elevated throughout the summer. The OTRI hasn’t dropped below 10% since Memorial Day and it’s currently sitting at 11.57%.
Although there is little change week over week in outbound tender rejections, staying above 10% does indicate there is a capacity constraint in the market, especially with outbound tender volumes falling 8.25% w/w.
Shippers and brokers can expect lower contract carrier compliance as carriers continue to explore spot market rates that are more favorable than contracted rates.
